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Tenfell
Closed tender
Published 06 Oct 2023

3-7 Corporation Street Rotherham Development Delivery Partner

Rotherham Metropolitan Borough Council · Yorkshire and the Humber

Key facts

Estimated value
£4,200,000
Closing date
04 Dec 2023
Contract starts
01 Mar 2024
Contract ends
31 Oct 2025
Procedure
Open procedure
Buyer type
Local government

Description

Rotherham Metropolitan Borough Council is seeking to appoint a developer to deliver, manage and own a residential led mixed-use development on 3-7 Corporation Street, Rotherham. This site can make a significant contribution towards the delivery of a revitalised Town Centre. The disposal of the site will be in accordance with RMBC's corporate and policy objectives and be subject to developer and funding agreements.

The total anticipated contract value is £4.2million This estimate is based on Council contribution plus anticipated sales value of residential and commercial units outlined in the current scheme.

The Council is seeking to appoint a developer who will lead, finance, manage delivery, and retain ownership of the scheme. Other than securing and transferring the land to the developer and funding any viability gap that may exist on the development, the Council does not anticipate having any role in the development or the longer-term ownership and management of the site.

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